By 2025, the total income threshold for dual-income/single-income households will be expanded to 44 million won! We'll reveal how to apply in under five minutes, from automatic eligibility verification regardless of age to the maximum amount and payment date for the Earned Income Tax Credit.
1. What is the Earned Income Tax Credit?
The earned income tax credit is Workers and business owners (excluding professionals) who have difficulty making ends meet due to low income This is a government subsidy provided to households.
In particular, payment standards are applied differently for dual-income and single-income households, and applications can be accepted twice a year (first and second half of the year).
This year 2024 The application period for the second half of the year's earned income tax credit is from March 4 to March 17.It is until the end of June, and after application and review, it will be paid at the end of June.
2. Key Changes to the 2025 Earned Income Tax Credit
Starting this year, the criteria for applying for the Earned Income Tax Credit have been further relaxed. The biggest change is: Raising the income threshold for dual-income households and expanding automatic application eligibility.no see.
✅ Relaxation of income standards for dual-income households
- Existing: 38 million won or less
- Change: 44 million won or less
- To ensure that dual-income households are not disadvantaged by marriage Twice the level of single-family homesAdjust to
✅ Expansion of automatic application target
- Existing: 60 years of age or older
- Change: Expanded to all ages
- New automatic application eligibility: 960,000 people (an increase of 690,000 people over the previous year)
✅ Applicants for the first half of the year will be automatically processed for application.
- If you applied for the first half of September last year, The second half of the year is also considered to have been automatically applied for, so no separate application is required.
With the above changes, the expected payment target is expected to expand to approximately 1.9 million households, and the payment amount is expected to expand to approximately 1.8 trillion won.
3.2025 Earned Income Tax Credit Application Eligibility and Payment Schedule
✅ Eligibility requirements for the second half of the year's employment incentive
- 1.1 million households with only earned income in 2024
- If you meet the income criteria Single-income/dual-income households can apply
✅ Payment Schedule
- Application Period: Tuesday, March 4, 2025 - Monday, March 17, 2025
- Payment date: End of June 2025 (after review of payment requirements)
In particular, we are bringing forward the payment date to enable low-income households to receive support more quickly through the semi-annual application system.
The first half of last year's earned income tax credit (KRW 578.9 billion, 1.2 million households) Payment in December, approximately 8 months earlier than usualIt's done.
4. How to apply for the employment incentive
You can easily apply for the earned income tax credit if you have received the notice sent by the National Tax Service.
✅ How to apply
- Hometax (PC): Access the National Tax Service Hometax → Apply for the earned income tax credit
- Sontax (mobile app): Launch the National Tax Service Sontax app → Apply for the earned income tax credit
- Automated Response System (ARS): Call 1544-9944 → Follow the application instructions
✅ How to receive application instructions
- Send by mobile or mail
- Even if you did not receive the notice, you can apply directly through Hometax if you meet the application requirements.
5. Things to keep in mind when applying for the Employment Incentive Subsidy
🧳 Beware of voice phishing and smishing!
recent Voice phishing and smishing financial frauds disguised as earned income tax credit applications are on the rise.Please note that the National Tax Service will never request money or financial information in connection with an incentive application.
✅ Things to note
- When the National Tax Service requests account information via text message or phone call
- When requesting money or valuables under the pretext of payment of earned income tax credit
- A method of inducing users to click on links of unknown origin
If you have received a suspicious phone call with the above content: Contact the National Tax Service Incentive Counseling Center (☎️1566-3636) immediately. I hope you do.
6. Earned Income Tax Credit Frequently Asked Questions (FAQ)
💡 I didn't receive the application notice for the earned income tax credit. Can I still apply?
- Even if you did not receive the notice, if you meet the application requirements, You can apply directly through Hometax.do.
💡 I applied for the first half of the year, do I need to apply for the second half as well?
- If you applied for the first half of the year There is no need to apply separately as the second half is automatically applied.
💡 When will the payment date be after applying for the earned income tax credit?
- The second half of 2024 employment incentive Scheduled to be paid at the end of Juneno see.
💡 Has the income standard for dual-income households changed?
The income standard for dual-income households is Increased from 38 million won to 44 million wonBe sure to remember that!
In closing
The application period for the 2025 Earned Income Tax Credit is open until March 17th. This time, support for dual-income households has been expanded and the number of automatic applicants has increased, so if you meet the requirements, we strongly encourage you to apply.
If you have any further questions Don't miss out and apply for the earned income tax credit quickly through the National Tax Service's incentive counseling center (1566-3636) or Hometax.🔥
